chip price. (a) Determine the residual demand Intel faces after accounting for the quantity supplied by the competitive fringe for any level of price. The residual demand that Intel can work with is the difference between total quantity demanded and the quantity supplied by the fringe at any given price. Total demand is= 400 − p‚ and fringe supply is Q f 2( p − 40)‚ = Q for prices above 40. Thus the residual demand is Q r =Q − Q f =(400 − p ) − 2( p − 40) =480 − 3 p. (b) How many P80 chips
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market place‚ and no government intervention‚ we are able to focus on how the price mechanism determines the equilibrium price in the market. Markets can be effective at resolving the basic issues of what and how much to produce at a certain price level although left to operate on its own‚ the market can still create unsatisfactory outcomes. When markets do not produce the desired outcome‚ it is known as market failure and when this occurs‚ governments may intervene in the market. How the price mechanism
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lack of political representation in the government in the Directory. This view appears plausible when we look at the case in 1797‚ three of the directors Revelliere‚ Barras and Reubell sought the support from Hoche and Bonaparte‚ formed the Fructidor coup to ensure the success of their intervention in elections when the royalist candidates started doing well in the ballot box. The Floreal coup
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For the first reason‚ the person who is living in my city can enjoy an interested feeling because the center in my city has a lot of entertaining places such as the National park and the big cinemas and theatres. Especially‚ my city is famous with the largest number of coffee shops. Every kind of persons can come to various cafés from common to luxurious ones. Furthermore‚ habitants feel comfortable with the mild climate in my city. My city is located on the Temperate zone and is surrounded with
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The Omission Of Crime by The Government The movie “Hunger Games” is taken place after the apocalypse in North America. Hunger Games is about a violent game between the girls and boys between the ages of twelve and eighteen years old who are forced to enter their name in the system so it can be drawn like the lottery tickets. Their name is chosen randomly like the lottery number‚ once their name is drawn they have to go and represent the district where they are from and thrown into one big arena
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How big is the role of the federal government in health care delivery and financing in the United States? From our first lecture and in the textbook‚ it was noted that the US government is heavily involved in the provision of health care with 33.5% of the total money spent for health care coming from US government. Considerably more in financing than the delivery of health care. The US government’s involvement in health care delivery is more from laws and regulations that can affect our health
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Effectivness of the Federal Water Pollution Control Act Amendments (FWPCAA) of 1972 Federal Water Pollution Control Act (FWPCA) strengthened regulatory framework to respond to an oil spills and to establish requirements for the prevention of pollution. The purpose of the law is the prohibition of discharge of oil and hazardous substances in the areas of the navigable waterways of the United States in dangerous quantities (p.10). The law clearly prescribed credentials of the federal government‚ established
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A Reflection Paper on Revitalizing the Federal Government for the 21st Century This is a reflection paper on the recommendations proposed in the Revitalizing the Federal Government for the 21st century report by the National Commission on the Public Service (Volcker Commission). The Volcker commission‚ comprised of members from the three major political parties‚ recognizes the importance of disciplined policy direction‚ operational flexibility‚ and clear and high performance standards as guiding
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smallest interval on an analogue scale) Converting to relative uncertainty = ± (0.5/18.4) × 100% = ± 2.717391304% (Relative uncertainty is same for measurement in Kelvin since the conversion uses an exact value) ≈ ± 3% Volume of gas (m3) = 237 mL = (237/1000/1000) m3 = 0.000237 m3 Uncertainty of 237 mL is ± 1 mL (Half of the smallest interval on an analogue scale) Converting to relative uncertainty = ± (1/237) × 100% = ± 0.4219409283% (Relative uncertainty is the same for measurement in m3 as the conversions
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SECURE ELECTRONIC TRANSACTIONS Introduction Secure Electronic Transactions (SET) is an open protocol which has the potential to emerge as a dominant force in the securing of electronic transactions. Jointly developed by Visa and MasterCard‚ in conjunction with leading computer vendors such as IBM‚ SET is an open standard for protecting the privacy‚ and ensuring the authenticity‚ of electronic transactions. This is critical to the success of electronic commerce over the Internet; without privacy
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